▲ 922 ▼ Streaming giants have banded together for lobbying power (www.theverge.com) submitted 2 years ago by Number1SummerJam@lemmy.world to c/technology@lemmy.world 173 comments fedilink hide all child comments
[–] rebul@kbin.social 5 points 2 years ago (1 child) To be clear, revenue does not equal profit. permalink fedilink source parent hideshow 2 child comments replies: [–] stonedemoman@lemmy.world 9 points 2 years ago* Net income doesn't equal profitability either. Companies scale their costs, including stock buybacks, based on revenue. https://ycharts.com/companies/NFLX/stock_buyback permalink fedilink source parent
[–] stonedemoman@lemmy.world 9 points 2 years ago* Net income doesn't equal profitability either. Companies scale their costs, including stock buybacks, based on revenue. https://ycharts.com/companies/NFLX/stock_buyback permalink fedilink source parent